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Sep 30, 2012
09/12
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no question obama favors redistribution. giving up your own self-interest making a sacrifice for climate change , if they go ahead with this they could tax every element of economic life which is dead disastrous harbinger. neil: good to see you. ally bank. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why ally has knowledgeable people there for you, night and day. ally bank. your money needs an ally. ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay ale... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well
no question obama favors redistribution. giving up your own self-interest making a sacrifice for climate change , if they go ahead with this they could tax every element of economic life which is dead disastrous harbinger. neil: good to see you. ally bank. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why...
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Sep 24, 2012
09/12
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obama needs to address tomorrow? >> it should be because what morsi has said i want more support for a palestinian state and yet it was president obama in that famous cairo speech in 09 that said i will pay more respect to the muslim world and do more for palestinians. when you see weakness in a weak leader and he makes concessions it doesn't satisfy you, it simply feeds the desire for more concessions. i think that's what morsi's statement yesterday means. cheryl: one of the things with the general assembly this week is this president is really going to be attacked on all sides frankly by dignitaries that will be coming to new york talking to the press and they will all say that this president is not doing enough in the middle east and he's not aligning himself with the right people in the middle east. do you think that's a fair criticism or does it go too far? >> the foreign leaders will be very critical -- >> palestinians, the israelis, even the egyptians. >> -- about coming after obama because the alternative is
obama needs to address tomorrow? >> it should be because what morsi has said i want more support for a palestinian state and yet it was president obama in that famous cairo speech in 09 that said i will pay more respect to the muslim world and do more for palestinians. when you see weakness in a weak leader and he makes concessions it doesn't satisfy you, it simply feeds the desire for more concessions. i think that's what morsi's statement yesterday means. cheryl: one of the things with...
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Sep 29, 2012
09/12
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no question obama favors redistribution. giving up your own self-interest making a sacrifice for climate change , if they go ahead with this they could tax every element of economic life which is dead disastrous harbinger. disastrous harbinger. neil: good to see you. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes
no question obama favors redistribution. giving up your own self-interest making a sacrifice for climate change , if they go ahead with this they could tax every element of economic life which is dead disastrous harbinger. disastrous harbinger. neil: good to see you. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it...
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Sep 24, 2012
09/12
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like the president obama of 2012. those were comments that some in mainstream libya media were taken out of context. they are quite silly and partisan. in great reporting by daily caller they obtained the complete remarks of then straight senator obama. about almost one and three-quarters hours. here is one particular revealing expert by mr. obama. >> to even we're doing research figuring out what kind of government action would successfully make their align better, we're putting in a potential majority coalition to move those agendas forward. >> majority coalition, that is what it was all about, back then. and to bring that to be, that majority coalition, it would include churns, labor unions, community organizers that obama wanted to empower and coordinate and combine. but let's put it if con-- context. there was some sophisticated talk. about the economy, and about making lives better. it was not as if democrats on the left were powers back in in october 1998, they were left wing they liked being out there. remembe
like the president obama of 2012. those were comments that some in mainstream libya media were taken out of context. they are quite silly and partisan. in great reporting by daily caller they obtained the complete remarks of then straight senator obama. about almost one and three-quarters hours. here is one particular revealing expert by mr. obama. >> to even we're doing research figuring out what kind of government action would successfully make their align better, we're putting in a...
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Sep 27, 2012
09/12
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obama is ahead, that's for sure. stuart: the mainstream media chooses to build in every advantage to the left. they don't choose to do that, they make a value judgment. >> by accident that rasmussen and gallup, two independent polls that are professional full-time political polls, have the race much closer than every mainstream media poll. stuart: of course, you can't just say no more polling. you can't say that. >> that's my life's work, so i hope-- >> and hipocracy and you're the guy on wa-- but you're the guy, you did all of those polls for president clinton. you're still doing poll. >> they were all private polls designed for a strategy. stuart: private polls are okay because they're not in the mainstream. mainstream forms are bad. >> do welfare reform, get a balanced budget and both good initiatives in the 1990's. stuart: do you have a comment charles. charles: for someone like doug to come in and talk about it is important. polls seem to be the number one issue and are swaying the election. stuart: what we shou
obama is ahead, that's for sure. stuart: the mainstream media chooses to build in every advantage to the left. they don't choose to do that, they make a value judgment. >> by accident that rasmussen and gallup, two independent polls that are professional full-time political polls, have the race much closer than every mainstream media poll. stuart: of course, you can't just say no more polling. you can't say that. >> that's my life's work, so i hope-- >> and hipocracy and...
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Sep 29, 2012
09/12
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he hates republicans republicans, president obama we have that next. the president's confusing lack of transparency on the murder of our ambassador. comparing benghazi to watergate. author of the amateur joins us. and karl rove among our guest next week. lou: united nations on a mission to become the tax master. considering new global taxes to transfer trillions of dollars. among the tax proposed remember secretary of state clinton is enthusiastic. one% tax on all billionaires' and all financial transactions carbon emissions, airline tickets she suggests she is on board with some of that earlier this week. >> one issue i have been preaching about is collecting taxes in the equitable man o' war -- manner especially around the world from the e.u. the of every country are making money. there are rich people everywhere yet to they3 there are rich people everywhere yet to they do not contribute to the growth of their own country. lou: there are rich people everywhere. she is worth over 100 million. what is she thinking about? and just have to give them our
he hates republicans republicans, president obama we have that next. the president's confusing lack of transparency on the murder of our ambassador. comparing benghazi to watergate. author of the amateur joins us. and karl rove among our guest next week. lou: united nations on a mission to become the tax master. considering new global taxes to transfer trillions of dollars. among the tax proposed remember secretary of state clinton is enthusiastic. one% tax on all billionaires' and all...
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Sep 28, 2012
09/12
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liz: he is great, obama buttons all over. >> this was the psychological breaking of the enslavement chain of breaking the color barrier. move on that. liz: thank you. >> god bless america, god was this the greatest nation in the world and the people, i love the people. the people. but m they say one thing beforee leave, one president, one would be president, john f. kennedy said if a free society doesn't protect them, help the poor vindicate the few that are rich. the other one is trying to be says i don't care about the poor because he has a safety net. let us work towards helping the poor. liz: 21 minutes before the closing bell rings. they have been fighting a volatile market gaining industries since then. fully 55%. is it a buying opportunity as they expand into brand new territories? chairman and ceo of caesars entertainment of how he is shaking vegas and going all in in the industry. 4g lte has the fastest speeds. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. zon, hands down. i'm going to show you guys another chart. pretty ob
liz: he is great, obama buttons all over. >> this was the psychological breaking of the enslavement chain of breaking the color barrier. move on that. liz: thank you. >> god bless america, god was this the greatest nation in the world and the people, i love the people. the people. but m they say one thing beforee leave, one president, one would be president, john f. kennedy said if a free society doesn't protect them, help the poor vindicate the few that are rich. the other one is...
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Sep 30, 2012
09/12
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look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost millions and millions of dollars, but that's not how the economy works. >> gary b, it's spending more, what does that do to the debt? >> well, brenda, he tries to get up, up, up. when i went to work for ibm 30-odd years ago, the government didn't teach me how computers work. bem caught me. rockefeller's oil company taught people how to drill for oil and gas and the third thing that strikes me that's not going to work. he wants to
look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted...
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Sep 24, 2012
09/12
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because president obama's not working. he's failed leadership, not tacklinged the debt crisis, crammed through a one size fits all government takeover the health care, taking over the financial services sector with regulations, stifling energy creation with the regulations. he's promising huge tax increases in january. that just gives us more economic malaise. it's the greatest -- >> 47% talk we heard so much about, what is it about the 47%? is it the government? is it a change in the american fiber to an entitlement america? what is it? >> here's the point we keep trying to make because of the stagnant obama economy, more able bodied people are dependent upon the government because they have no opportunities in the economy. what mitt and i are trying to do is say, here are the ideas to get growth, jobs created so that workers can have job security and higher take home pay, and here's how you get people from dependency from welfare back to work. we should not be measuring our safety net programs and the success of them lik
because president obama's not working. he's failed leadership, not tacklinged the debt crisis, crammed through a one size fits all government takeover the health care, taking over the financial services sector with regulations, stifling energy creation with the regulations. he's promising huge tax increases in january. that just gives us more economic malaise. it's the greatest -- >> 47% talk we heard so much about, what is it about the 47%? is it the government? is it a change in the...
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Sep 28, 2012
09/12
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john: you were a junior when obama was elected? >> it was light a little of the colt it happened across the nation. john: not just the attitude but there are actual space -- speech restriction red light, yellow light and this university was demoted? >> to policies unc maintains which is sexual-harassment if you attended college and other than unc it bans all sexually explicit jokes. john: david, you have a copy what did you find? >> sexually explicit jokes jokes, books, it is different -- difficult to control how you look at someone. policy in the residence halls to avoid using the returners spoken word in the way that offends. that is a rage asleep fraud. a picture of mitt romney would offend 70%. [laughter] john: you may not explicitly or implicitly asked for sex. john: then how do you get there? [laughter] is it automatically rate? >> these policies are not well thought out. this is what you get to with bureaucracies. john: we will not use the overheard freshman. >> we want gender inclusive? >> does that mean frosh? >> first yea
john: you were a junior when obama was elected? >> it was light a little of the colt it happened across the nation. john: not just the attitude but there are actual space -- speech restriction red light, yellow light and this university was demoted? >> to policies unc maintains which is sexual-harassment if you attended college and other than unc it bans all sexually explicit jokes. john: david, you have a copy what did you find? >> sexually explicit jokes jokes, books, it is...
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Sep 27, 2012
09/12
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. >> president obama is bringing back debate over regulations and drilling controls. we have the very latest. why romney says his plan will power up production and drive growth. >>> forget the gallup polls. there is another way to foretell who might win the election. it actually involves halloween. we'll tell you secrets coming up. ♪ hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios less expensive option than a traditional lawyer? at legalzoom you get personalized services for your family and your business that's 100% guaranteed. so go to legalzoom.com today for personalized, affordable legal protection. david: at the very heart of republican presidential nominee mitt romney's energy plan is a decades old debate over exactly who should be controlling drilling and mining, the states or the feds? fox news's alicia acuna is in denver with the details. hi alicia? >> hi, david. part of governor romney's energy plan includes removing federal controls
. >> president obama is bringing back debate over regulations and drilling controls. we have the very latest. why romney says his plan will power up production and drive growth. >>> forget the gallup polls. there is another way to foretell who might win the election. it actually involves halloween. we'll tell you secrets coming up. ♪ hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪...
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Sep 25, 2012
09/12
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melissa: president obama taking center stage at the united nations saying we face a choice between the promise of the future or prisons of the past. more from his speech after the break. lori: we were talking about investment grade corporate ideas for you. let's check treasurys today. the ten year yield at 1.70%. and the third year, buying treasurys today is unchanged at 2.89%. back with more after this. >> i'm cheryl casone with your fox business brief. british bankers association will move away from supervisory role of libor if necessary. bba says it will support the recommendations for managing director of financial services authority martin wheatley, who is expected to unveil a new regulatory libor structure sometime this week. >>> tesla shares down sharply after slashing their 2012 revenue forecast. the electric carmaker cited slower than expected rollout of hits model s sedan. tesla adding some suppliers experienced delays in meeting its demand. >>> barnes & noble taking steps into the streaming business. they are launching nook video. they say the service will be available this
melissa: president obama taking center stage at the united nations saying we face a choice between the promise of the future or prisons of the past. more from his speech after the break. lori: we were talking about investment grade corporate ideas for you. let's check treasurys today. the ten year yield at 1.70%. and the third year, buying treasurys today is unchanged at 2.89%. back with more after this. >> i'm cheryl casone with your fox business brief. british bankers association will...
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Sep 26, 2012
09/12
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let's start with -- i love the idea of obama being obama. as you put it, the idea that the transparency, he was going to open this government up. something quite different as happened. >> oh, absolutely. i think the classic is the obamacare. far from being presented to the public for several days and the internet as he said he would was rushed through congress so fast admitted they had not had time to read it. they pass it and let it go. it's one of many great contrast between what he said he was going to do and what he actually did. lou: now there is, at least in the offing, the prospect of obama, should he win a second term. how reliable is this man in doing what he says he's going to do in your juden >> i think you would have a better batting average if you took the opposite of what he said as what he was going to do. what is scary is if he is reelected he will probably have at least one and probably a couple supreme court nominations to make. end as he has said it is off the record comments of the russian president, he will no longer hav
let's start with -- i love the idea of obama being obama. as you put it, the idea that the transparency, he was going to open this government up. something quite different as happened. >> oh, absolutely. i think the classic is the obamacare. far from being presented to the public for several days and the internet as he said he would was rushed through congress so fast admitted they had not had time to read it. they pass it and let it go. it's one of many great contrast between what he...
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Sep 26, 2012
09/12
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but so far, no impact on president obama's standing in the polls. he leads in swing states, ohio and florida and on the question of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the future? find out with the aarp voters' guide at earnedasay.org >> good morning, "varney & company" viewers, today is wednesday, december 26th. here is the
but so far, no impact on president obama's standing in the polls. he leads in swing states, ohio and florida and on the question of economic policy, the president leads mitt romney 48-39. now, this is what happens in europe when living standard plunge, rioting overnight in spain and a general strike in greece, this is the people's response over there to austerity. we've got another all-star lineup for you, watch out everybody, "varney & company" is about to begin. woman 1: this...
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Sep 26, 2012
09/12
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co-president of president obama's budget commission. very good ideas widely ignored by the president. he is a guy republicans like. you want to do a major budget deal with republicans, erskine bowles can make that happen. the other guy i hear a lot about is a guy i know very well and consider a friend. very decent man who is the ceo of black rock. larry wants the job. no doubt. he has been at the top. and amazing career on wall street. top trader at first boston early in his career started black rock as a subsidiary of blackstone and spun it out and the biggest money management firm in the world and he is one of the smartest guys and if there's a european financial crisis, just anybody on wall street so he is a good guy and if you worry about wall street imploding he might be a good one. cheryl: we launched the business network and did an interview -- cool cucumber. nothing fazes that guy. this was spraying -- spring of 2008. really early on. warner: he saw that financial crisis coming from a million miles away. he was not at wall stree
co-president of president obama's budget commission. very good ideas widely ignored by the president. he is a guy republicans like. you want to do a major budget deal with republicans, erskine bowles can make that happen. the other guy i hear a lot about is a guy i know very well and consider a friend. very decent man who is the ceo of black rock. larry wants the job. no doubt. he has been at the top. and amazing career on wall street. top trader at first boston early in his career started...
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Sep 25, 2012
09/12
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>> obama is roughly at 73%. rasmussen has obama up only one. wall street people think obama has it in the bag. if romney wins, there will be a short-term rally. there is a long way to go. many people have expectations that the presidency is going clearly in obama's favor. if romney wins, there will be a pop in the markets. dennis: why the lack of faith wow why not the start of a 20 year bull run? >> when reagan did win, you saw a short-term pop and then the market went down. i think 2013 will be a very difficult year no matter who wins. dennis: how old were you in 1980? >> i was ten, dennis. you have to look at patterns and right now this market is setting up with what happened with carter and reagan. if there will be a long-term rally, romney has a better chance of sustaining that. dennis: you think we are pretty much headed down. >> i think there is a lot that has to continue to go right. anyone of those issues goes wrong, the market will take a breather. dennis: yet, individual investors have stayed out of this market. always waiting for one
>> obama is roughly at 73%. rasmussen has obama up only one. wall street people think obama has it in the bag. if romney wins, there will be a short-term rally. there is a long way to go. many people have expectations that the presidency is going clearly in obama's favor. if romney wins, there will be a pop in the markets. dennis: why the lack of faith wow why not the start of a 20 year bull run? >> when reagan did win, you saw a short-term pop and then the market went down. i think...
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Sep 24, 2012
09/12
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obama 48, romney 46. if this class warfare argument is working and we're told it is, shouldn't the president be up by a lot more. >> accord to go rasmussen, the president has only a 1 point lead in ohio. so that state, key state, basically, a dead heat and by the way, scott rasmussen will join us later this hour, a couple of minutes in fact with his latest daily national tracking poll. in our next hour, we'll talk to radio hosts from ohio, and are people tired of the race already? it's every single commercial on tv, a political ad? yeah, most of them are. all right, and we'll put the entire ad, that president obama is running in ohio on our facebook page and we'll read some of your comments later in the show in the next hour. check pre-market apple, the stock is down big ahead of the opening bell because the company says it sold 5 million new iphone 5 phones in three days after its launch and that's way below what many people expected. some are looking for 8 or 10 million and the stock will be sharply low
obama 48, romney 46. if this class warfare argument is working and we're told it is, shouldn't the president be up by a lot more. >> accord to go rasmussen, the president has only a 1 point lead in ohio. so that state, key state, basically, a dead heat and by the way, scott rasmussen will join us later this hour, a couple of minutes in fact with his latest daily national tracking poll. in our next hour, we'll talk to radio hosts from ohio, and are people tired of the race already? it's...
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Sep 26, 2012
09/12
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president obama will easily win reelection in november. in trade prediction numbers showing him trouncing mitt romney 75% to 25%. wall street is buzzing about who will be president obama's next treasury secretary and charlie gasparino has the latest from the executive. charlie: i hate to say mitt romney is a loser now six weeks out. there's a lot of campaigning government of the oddball fbn -- melissa: sounds like four people abetting. charlie: the lot of people betting and it is usually right but it moves around a lot and it is usually right. in any event we are not announcing that romney is dead and the campaign is over. we are saying what they're saying and wall street and it is not just the traders that use it but used by traders and also inside the executive suites they don't see a chance for mitt romney winning and right now what they are looking for and wall street generally forward predictors' who will be breaking their chops the most and has most influence over what they do and that usually is a combination that the head of the fe
president obama will easily win reelection in november. in trade prediction numbers showing him trouncing mitt romney 75% to 25%. wall street is buzzing about who will be president obama's next treasury secretary and charlie gasparino has the latest from the executive. charlie: i hate to say mitt romney is a loser now six weeks out. there's a lot of campaigning government of the oddball fbn -- melissa: sounds like four people abetting. charlie: the lot of people betting and it is usually right...
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Sep 27, 2012
09/12
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and i don't quite understand why romney isn't going directly at obama's economic record, while obama has been president. connell: because in that part of the world, in ohio, and particularly where they were both yesterday. they are going to be in virginia today. but they were both in ohio yesterday, and obama is leading big there if you believe the latest polls. yesterday there was an argument that hey some of the democrats are being more sampled in some of these polls. what do you think about that? >> if a poll in ohio says that obama is ahead by 8 or 10 points, i think that undoubtedly means that romney is behind in ohio, whatever the percentage. connell: maybe just a few points -- >> right. if there's a silver lining there, it is my sense if these people who say they will vote for obama do not feel strongly about it. i think there's still a lot of anxiety about where we are, and they are open to an argument from mitt romney about why obama's stewardship of the economy has been wrong for the country, but it hasn't quite been made yet. dagen: what is the one thing that mitt romney n
and i don't quite understand why romney isn't going directly at obama's economic record, while obama has been president. connell: because in that part of the world, in ohio, and particularly where they were both yesterday. they are going to be in virginia today. but they were both in ohio yesterday, and obama is leading big there if you believe the latest polls. yesterday there was an argument that hey some of the democrats are being more sampled in some of these polls. what do you think about...
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Sep 24, 2012
09/12
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he has to attack obama. what has he done so poorly? the obama people have given the news cycle. the 47%, caught his tax data, if you do the things i am talking about, that will create the jobs. no one could have done any better than this because we had such a lousy financial crisis. that is the attack line romney has to take up if he will turn things around. forty-five days is a lifetime in politics. this is still a coin flip as to who will win. lori: stephen moore, i enjoyed your writing. we are so happy you made the time for us this afternoon. >> take care. lori: looped -- good. lou dobbs joins us next. lori: the third year bond is also seeing the yield pushed down. 2.90%. christine lagarde warned that the u.s. fiscal cliff is headed for global economic growth. back with more after this. ♪ [ male announcer ] if you believe the mayan calendar, on december 21st polar shifts will reverse the earth's gravitational pull and hurtle us all into space. which would render retirement planning unnecessary. but say the sun rises on december 22nd, and you still need to retire. td ameritr
he has to attack obama. what has he done so poorly? the obama people have given the news cycle. the 47%, caught his tax data, if you do the things i am talking about, that will create the jobs. no one could have done any better than this because we had such a lousy financial crisis. that is the attack line romney has to take up if he will turn things around. forty-five days is a lifetime in politics. this is still a coin flip as to who will win. lori: stephen moore, i enjoyed your writing. we...
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>> i think it will end if obama is reelected. and i believe that is a probability now. i think it will end when he decides that he is going to need to raise taxes in order to, balance the budget or to address the issues as he sees it. and i think those, those two factors alone will put this market on a big, on a big downturn. if you mention businesses. businesses have tremendous amounts of cash. because of uncertainty they see on horizon they're unwilling to spend that cash. you put the individual in the same spot as business which will happen if taxes go up and you're going to grind this economy down to recession and i think it will become manifest at the end of the first quarter. ashley: we have been warned. mike crofton. president and ceo -- >> why not. >> one day we'll wake up and say, what the heck have we done? thank you, mike. tracy: celebrate really hard on st. patrick's day. may be last party for a while is what he is saying. >>> one of the biggest threats of the looming fiscal cliff is automatic spending cuts to defense. believe it or not one company telling f
>> i think it will end if obama is reelected. and i believe that is a probability now. i think it will end when he decides that he is going to need to raise taxes in order to, balance the budget or to address the issues as he sees it. and i think those, those two factors alone will put this market on a big, on a big downturn. if you mention businesses. businesses have tremendous amounts of cash. because of uncertainty they see on horizon they're unwilling to spend that cash. you put the...
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Sep 28, 2012
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>> you know, president obama does want to raise taxes. i don't think we'll ever go back to rates in the 70s of 75%. we've been there, done that. i don't think we'll go back to level. however president obama wants to raise them from 35% today to above 40% starting next year. that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1% expansion rate. what is the highest level of income taxes you could pay to keep us in a free enterprise capital structure society? >> well, you know, i think it is hard to pick a particular rate because it depend on the tax base and a lot of other things. however, you know, right now we're at 35% and we have no growth. a lot of people point to the clinton years, you know what, we raised taxes and economy grew. go back and look at the in those days. the economy had everything going in its favor. right now the economy has everything going against it. raising ta
>> you know, president obama does want to raise taxes. i don't think we'll ever go back to rates in the 70s of 75%. we've been there, done that. i don't think we'll go back to level. however president obama wants to raise them from 35% today to above 40% starting next year. that would slow the economy. it would reduce job creation and keep us stuck in the low growth, high unemployment environment we're at right now. lori: just for my background sake here in the u.s. we're at about 1%...